Tax sale glossary
Over-the-counter (OTC)
A purchase directly from the responsible public office under its applicable rules, outside the auction. In Florida, eligible county-held certificates and Lands Available parcels have separate statutory purchase conditions; a failed deed auction does not by itself establish that a parcel is available.
Go deeper: Over-the-counter tax liens.
Sources
Statutes, court decisions and reference material used on this page. Laws and fees change, so confirm against the current source before you act.
- Florida Statutes 197.502 - Application for obtaining tax deed by holder of tax sale certificate; fees · Florida Legislature · Checked
- Florida Statutes 197.542 - Sale at public auction · Florida Legislature · Checked
Related terms
- County-held certificate
- A Florida tax certificate held by the county. A certificate not purchased at the sale is struck to the county at the statutory 18 percent rate. Ask the Tax Collector whether it remains eligible for purchase under F.S. 197.4725; the purchase amount includes applicable interest, costs and charges. Eligibility ends once a tax-deed application is filed.
Tax Sale Atlas publishes educational information about public tax sale processes. This is not legal, financial, or investment advice. Rules, dates, and fees change; confirm with the office that runs the sale before you bid.
See the term in a real sale
Open a state to watch these concepts play out in an actual sale calendar and rule set.